Chapter 325E

Section 325E.061

Topics

325E.061 DEFINITIONS. Subdivision 1. Scope. For the purposes of sections
325E.061 to
325E.065, the terms defined
in this section have the meanings given them.
Subd. 2. Farm equipment. "Farm equipment" means equipment and parts for equipment
including, but not limited to, tractors, trailers, combines, tillage implements, balers, skid steer
loaders, attachments and repair parts for them, and other equipment, including attachments and
repair parts, used in the planting, cultivating, irrigation, harvesting, and marketing of agricultural
products, excluding self-propelled machines designed primarily for the transportation of persons
or property on a street or highway. Subd. 3. Farm equipment manufacturer. "Farm equipment manufacturer" means a
person, partnership, corporation, association, or other form of business enterprise engaged in the
manufacturing, assembly, or wholesale distribution of farm equipment. The term also includes
any successor in interest of the farm equipment manufacturer, including any purchaser of assets or
stock, any surviving corporation resulting from a merger or liquidation, any receiver or assignee,
or any trustee of the original farm equipment manufacturer. Subd. 4. Farm equipment dealer or dealership. "Farm equipment dealer" or "farm
equipment dealership" means a person, partnership, corporation, association, or other form of
business enterprise engaged in acquiring farm equipment from a manufacturer and reselling the
farm equipment at wholesale or retail. Subd. 5. Dealership agreement. "Dealership agreement" means an oral or written agreement
of definite or indefinite duration between a farm equipment manufacturer and a farm equipment
dealer which enables the dealer to purchase equipment from the manufacturer and provides for
the rights and obligations of the parties with respect to the purchase or sale of farm equipment.History: 1988 c 511 s 1; 1991 c 70 s 1-3